Focus on Finance
China’s Didi in talks to sell smart auto assets to state-backed NavInfo’s unit, say sources
China's Didi Global in talks to sell its smart driving and cockpit assets to state-backed firm NavInfo amid highly competitive EV market
Woodside Energy earnings set to dip as investors eye strategic deals
Woodside Energy, Australia's top independent gas producer, is on track to post a drop in interim earnings on Tuesday
S&P revises Austria’s credit rating outlook to positive, sees energy supply improvements
Credit rating agency S&P has revised Austria's outlook to positive from stable, citing the country's improving energy supply position.
Wolfspeed forecasts weak first-quarter revenue on manufacturing issues
Wolfspeed anticipates manufacturing issues that could affect its production capacity amid slowing EV sales.
Trump says he’ll consider scrapping ‘ridiculous’ EV tax credit
Tax credits and incentives are not generally a very good thing, Trump said, adding he would tap Elon Musk for a cabinet or...
Physical buyers win battle for copper market as funds retreat
Investors fleeing the copper market likely to be sidelined, leaving the field clear for physical players who expect slowing demand to weigh on...
Stellantis shareholders sue automaker in US after disappointing earnings
Stellantis faces a lawsuit from shareholders alleging it concealed inventory issues, causing its stock to plummet after weak earnings.
Texas adds UK lender NatWest to energy ‘boycott’ list over financing restrictions
A spokesman for Comptroller Glenn Hegar said NatWest was added to the list because of restrictions it has added on energy financing.
Hudbay reports Q2 loss, revenue up from year ago
Mining company Hudbay Minerals Inc. reported a net loss attributable to owners of US$16.6 million in its latest quarter.
